Spyker used internal funding rather than external debt to pay General Motors the final $24 million purchase price for Saab, ending concern over how it would foot the bill.
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Ford's former sales chief in Germany, Juergen Stackmann, will be the new head of sales and marketing at Volkswagen's low-cost Skoda brand.
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Land Rover needs to develop greener versions of all its models to sustain sales, says Carl-Peter Forster, CEO of parent Tata Motors. He spoke in London, where the company introduced a a small, two-door Range Rover SUV called the Evoque.
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More than 342,000 cars made by BMW AG and Mazda Motor Corp. are under investigation by the U.S. auto safety regulator for possible steering defects that could lead to loss of vehicle control.
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Some might call it fate, while others might argue that Victor Muller was destined to save Saab from oblivion.
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Today's electric cars and the infrastructure needed to support them may seem far out compared to conventional cars that run on gasoline, but they're inside-the-box thinking compared to what's on the drawing boards.
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Linda Hasenfratz, CEO of Linamar Corp., wanted to add female managers to increase diversity at the powertrain supplier. The surprise came when she examined the number of women available for management positions.
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Auto parts suppliers have emerged from the recession with an unfamiliar prospect amid lower volumes: profitability. Parts makers are poised for strong -- perhaps even record -- profits because of lower breakevens, several supplier CEOs say.
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That slow but steady improvement in auto sales so far this year? It's getting slower. June's disappointing U.S. vehicle sales have pushed some manufacturers and dealers to lower their projections for the rest of the year.
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Jorge Lorenzo (Yamaha) had an uneventful race and earned a well managed victory before his Spanish fans at MotoGP's Catalan Grand Prix, run at the beautiful Catalunya circuit near Barcelona.
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Octane Management Inc. -- the promoters of the Canadian Formula 1 Grand Prix -- is ready to take over the organization of the Edmonton IndyCar event.
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Auto123 Racing went out and brought back some unique gifts from the recent Formula One Grand Prix in Montreal and we're happy to give them to our fans! Starting this Monday and for the next five weeks, a new contest will be launched. We're kicking things off with a Red Bull cap signed by none other than Mark Webber!
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For the third year in a row, the Société de transport de Laval (STL) encourages drivers to use public transit instead of their cars on smog days.
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The DeZir concept is Renault's latest electric car prototype. DeZir, which you can read out as desire, is meant as a window into the storied French brand's future design language. Penned by Laurens van den Acker, his first project, the DeZir certainly can be said to be inspired by existing supercars such as the uber-hot Audi R8.
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On a beautiful sunny day at 25 degrees the Bugatti Veyron 16.4 Super Sport achieved a new landspeed world record for production cars, on the proving grounds of the Volkswagen Group at Ehra-Lessien (nearby its headquarters at Wolfsburg). In the presence of the German Technical Inspection Agency (TÜV) and a representative of Guinness Book of Records the Super Sport achieved an average top speed of 431 km/h.
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Three weeks after the Le Mans 24 Hours, and after inspecting the cars that contested this year's event, Peugeot Sport looks back at the problems that affected the 908 HDi FAPs in the French race.
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One arm across my chest and one hand on the rim of a giant steering wheel represents the stability control program and occupant protection system that I grew up with in the 60s. Parents weren't too concerned about seatbelts back then mainly because many cars weren't so equipped, and even if they were, there was no law requiring seatbelt usage.
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The Volvo V60 makes its entry onto the car market with its sights firmly set on giving the all-new S60 sedan model a tough match over the title of ''The Most Dynamic Volvo Model Ever''.
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Jolyon Palmer and Dean Stoneman both secured victory in Portimao's racing, and pulled away in front in provisional championship classification.
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Andretti Autosport's Ryan Hunter-Reay will finally be able to race for the reminder of the current season after enough sponsorship was found to make the deal happen.
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With the current economy the last thing you need is for your vehicle to break down. Whether your driving a reliable car or a busted up
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